We tend to think of our bank deposits as “our money” and completely secure. The reality is, you can lose money you have deposited in your checking or savings account,.. read more
Lisa J. Espada is a bankruptcy attorney devoted to helping Bay Area consumers solve their debt problems. This website provides an overview of bankruptcy law as well as information about illegal debt collection practices and the defense of debt collection lawsuits.
If you are experiencing one or more of these problems, TAKE ACTION NOW to protect yourself and your property:
- you are behind on your mortgage and in risk of default
- you have received a notice of default or notice of trustee sale (foreclosure)
- you have been sued by a creditor
- your wages are being garnished
- your bank account has been levied or frozen
- creditors have placed liens on your property
- you are being harassed by debt collectors
- your credit score has plummeted due to nonpayment of debts
When you took on debts, you fully intended to repay them. But sometimes, life does not work out as planned. Long periods of unemployment, illness, disability, divorce and the loss of a spouse are common reasons for the inability to repay debts. Each of us deserves the opportunity to put misfortunes and mistakes behind us.
In 1934, the United States Supreme Court summarized the purpose of bankruptcy:
One of the primary purposes of the Bankruptcy Act is to relieve the honest debtor from the weight of oppressive indebtedness, and permit him to start afresh free from the obligations and responsibilities consequent upon business misfortunes…. The purpose of the act has been again and again emphasized by the courts and being of public as well as private interest, in that it gives to the honest but unfortunate debtor… a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt. -Local Loan Co. v. Hunt 292 U.S. 234 (1934)
The Law Office of Lisa J. Espada is a debt relief agency,
helping consumers file for bankruptcy relief under theUnited States Bankruptcy Code.
The information contained in this site is general in nature, and is not intended to constitute legal advice or recommendations. Communications between attorney and prospective clients are confidential, but no attorney-client relationship is created unless a contract for legal services is signed.